12695 National Ave New Berlin, WI 53151-4057
This exceptional 52,050-square-foot commercial property, located at 12695 W National Ave in New Berlin, Wisconsin, presents a unique opportunity for businesses seeking flexible and adaptable space. Built in 1995 and renovated in 1999, the property boasts a diverse range of uses, including traditional and creative office spaces, manufacturing, flex space, warehouse facilities, and R&D. The building sits on a substantial 7.305-acre lot and offers ample power (TBV). With a minimum divisible space of 17,000 square feet and a maximum contiguous space of 52,050 square feet, the property is ideal for a variety of business needs. The entire 52,050 square feet is currently vacant. Features include 16'+ ceilings, two loading docks, and approximately 393 parking stalls (7.5 spaces per 1,000 square feet). The property is zoned B-1 & B-2 (Shopping Center), offering significant flexibility. The APN is 1201-998-003. This prime location in New Berlin, WI (zip code 53151) provides excellent access to transportation and amenities. This is a rare opportunity to secure a large, versatile space in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B2 · New Berlin, WINo recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.